MicroStrategy’s CEO, Michael Saylor, is not shy about its vision and predictions about Bitcoin (BTC); this time, he has himself in the spotlight again. The CEO of the software company MicroStrategy said in a CNBC interview that he expects the cryptocurrency to rise to at least $13 million. But this is not the first time Saylor has made such a bold statement, and his words still stir waves in cryptocurrency.
This comes after Saylor’s latest cryptocurrency forecast got some reactions from one of the co-founders of Dogecoin, Billy Markus, the self-proclaimed Shibetoshi Nakamoto. Although Saylor is quite sincere in his prediction, we can see that Markus tried to outdo him with the humorous aspect of the Bitcoin price projection. He jokingly predicted that Bitcoin could rise to an astronomical “$100 billion trillion quadrillion.” Despite his lighthearted remark, Markus’ response reflects his overall positive sentiment about the future of Bitcoin.
Also Read: Michael Saylor Urges Investors to Hold Bitcoin Amid Market Decline
Bitcoin’s Bullish Future: Saylor vs. Markus
Saylor has a very optimistic view of Bitcoin, given that his company MicroStrategy has been heavily investing in the cryptocurrency in the last couple of years. To Saylor, Bitcoin is a revolutionary asset that will experience growth and even go to unheard-of value levels. Over the years, he has been a BTC bull, which has placed him at the helm of BTC advocates concerning its long-term prospects.
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On the other hand, Markus, who for a long time dismissed Saylor’s prediction, also embraced the idea of Bitcoin, saying it was a joke. As stated in previous comments, Markus said that if he could advise his younger self, he should have invested in Bitcoin and held it, sold some in 2021 for a house, and kept the rest for future profitability. However, leaving the jokes aside, Markus continues believing in Bitcoin’s growth rates, thus staying in line with most crypto communities.
Overall, it is necessary to note that Saylor’s powerful prognosis of further Bitcoin development has become one of the critical topics for discussions in the Bitcoin community. Markus’ response and several other replies add the comical side as they keep fueling the bulls, saying that the BTC price will rise in the future.
Also Read: Michael Saylor Says “Bitcoin Rules” During Market Downturn, Shares Controversial Post
Maxwell Mutuma
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. He writes extensively on topics such as blockchain, cryptocurrency, tokens, and more for top publications such as Coingape, Coin Edition, and The Coin Republic. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.